Master of Science (M.S.) in Applied Economics

The M.S. in Applied Economics, a STEM Designated Degree Program, will prepare you to use the data analysis and tools organizations rely on to evaluate policies and programs, develop forecasts, better understand consumer behavior, and analyze marketing efforts. Housed at a top-tier research institution and taught by a faculty of accomplished academics and current industry practitioners, Boston College's M.S. in Applied Economics also emphasizes ethical decision-making—a hallmark of Jesuit education. 

Flexible

At Boston College, you can pursue your master's degree full- or part-time online, on campus during the evening, or in any combination that works best for you. Our program is designed to allow students to continue working or take on internships while studying. 

Rigorous

The program of study includes five core requirements that give you a solid foundation in the theoretical and quantitative tools of economic analysis and an ethics-based approach to public policy. Five elective courses in subjects such as big data, health care economics, economics of banking and insurance, marketing research, and economic development round out the curriculum. 

Relevant

The program emphasizes the practical application of coursework and academic study. Guided by faculty members who are seasoned professionals, you will learn to analyze data and work with data analysis tools. Experience with the hands-on work economists do will prepare you to "hit the ground running" upon graduation. 

Learn Your Way

After just one semester in the MSAE program I have already been able to apply some of the concepts in everyday situations at work to solve problems around pricing and forecasting. Without training in statistical modeling programs like Stata and R that I received in the MSAE program my solutions to these problems could not have been as accurate or robust.
Michael D. Hanson '18, Manager, New Product Development, Verizon Labs

At a Glance

How many courses?

Ten courses—five core courses and five elective courses—are required to complete the M.S. in Applied Economics program.


Flexible 

Study full- or part-time online, on campus during the evening, or in any combination that works best for you. Tailored to the needs of technical professionals and individuals seeking knowledge to advance their careers.


How much does it cost?

    $1,218/credit Academic Year 2020 - 2021 tuition rate, the total cost of the MS degree is $36,540


Skills in Demand

143%

job growth in the Greater Boston area for graduates
with a master’s degree in applied economics, 2010-13.

Our Faculty

What will I study?

Requirements

  • Courses: 10
  • Credits: 30
Print all courses on page

Fall 2020 Course Offerings

Where do our students and graduates work?


 

Research associate, Federal Reserve Bank of Richmond
 

Transfer Pricing Analyst, Ernst and Young
 

Data & Continuous Improvement Analyst, Reading and Beyond / RAB
 

Assistant Director of Savings Research, Center for Retirement Research

 


Given the current situation with Covid-19 and closure of many testing centers, we have suspended the GRE/GMAT requirement for admission into MS in Applied Economics for the Summer/Fall 2020 admission cycle.

Application Information

Print

Click on each box below to find additional details on each item.
Applications are accepted on a rolling basis.

Please mail application materials to:

Boston College
Woods College of Advancing Studies Admissions Office
St. Mary's Hall South
140 Commonwealth Avenue
Chestnut Hill, MA 02467

If your academic institution provides electronic transcripts please indicate wcasadm@bc.edu as the recipient.
 
Given the current situation with Covid-19 and closure of many testing centers, we have suspended the GRE/GMAT requirement for admission into MS in Applied Economics for the Summer/Fall 2020 admission cycle. 
 

Deadlines

Please Note
Applications are accepted on a rolling basis.

Online Application

Requirement:

Bachelor’s degree from an accredited college/university (minimum GPA 3.0)

Prerequisite courses:

Principles of Microeconomics, Principles of Macroeconomics, Statistics, Calculus I and II (Calculus II may be taken concurrently at Boston College or elsewhere during your first semester of study.)

Application fee $60 (to be paid as part of the online application)

Start Your Application

Résumé

To be uploaded to your online Application Form

Personal Statement

To be uploaded to your online Application Form.

In 550 - 750 words, describe your academic and professional goals, any experience relevant to this program, and your future plans, expectations, and aspirations.

Letters of Recommendation

Two letters of recommendation (Letters must be sent directly from recommender either through online application portal or directly to Woods College.  We will not accept letters that are not in a sealed envelope mailed directly from recommender or emailed directly from recommender).

Transcripts

Transcripts from each college or university in which you were enrolled are required. 

Please mail transcripts to:

Boston College
Woods College of Advancing Studies Admissions Office
St. Mary's Hall South
140 Commonwealth Avenue
Chestnut Hill, MA 02467

If your academic institution provides electronic transcripts please indicate wcasadm@bc.edu as the recipient.

Boston College Alumni and Current Students:
Your BC transcript must be formally requested from the Office of Student Services and submitted to the Woods College. Woods cannot request or access transcripts independently. 

Official Transcript Submission for International Applicants.

All students who have, or are currently attending, an institution outside of the United States must provide a detailed, course-by-course transcript evaluation  indicating the conferral of an undergraduate degree that is equivalent to a U.S. bachelor’s degree from an accredited institution.  

This evaluation is not just an English translation, but a document provided by an accredited evaluating agency that shows all grades, course titles, credit hours, United States degree equivalency, grade-point average (GPA), and date of degree conferral. 
This detailed, course-by-course transcript evaluation must be submitted to complete the application.
  

Please request a detailed, course-by-course transcript evaluation for all international institutions where a degree was conferred from one of the following agencies:

Educational Credential Evaluators
P.O. Box 514070
Milwaukee, WI 53203-3470

www.ece.org

Center for Educational Documentation
P.O. Box 170116
Boston, MA 02117

www.cedevaluations.com

World Education Services Inc.
P.O. Box 5087
Bowling Green Station
New York, NY 10274-5087

www.wes.org


Applicants whose Native language is not English are required to demonstrate English language proficiency, for required scores, visit our International Student page.

International Student page

 

Interview

Interview is optional or may be required by program director. 

Deadlines

Fall 2020 Completed Application Received By Decision Letter Sent By:
Early Deadline

February 1, 2020

February 15, 2020

Regular Deadline

March 15, 2020

April 1, 2020

Rolling Admission

After March 15, 2020

(International Students applying for Fall 2020 must submit an application by June 17th).

No later than 4 weeks after completion of the admission process

Spring 2021

Completed Application Received By:

Decision Letter Sent By:

Early Deadline


November 1, 2020

(International Students applying for spring 2020 must submit an application by November 1st. Applications received after November 1st will be considered for the summer semester)

November 15, 2020

Regular Deadline


December 13, 2020

December 20, 2020

Rolling Admission

After December  13, 2020

No later than 4 weeks after completion of the admission process

Standardized Tests

  • GRE (reporting code 7534) or GMAT (reporting code 44X-HX-07) scores. Given the current situation with Covid-19 and closure of many testing centers, we have suspended the GRE/GMAT requirement for admission into MS in Applied Economics for the Summer/Fall 2020 admission cycle.    
  • For all non-native English speakers the TOEFL (reporting code 3276) or IELTS (if applicable) from within the past two years, is required.  Please view the international page for required test scores. If your undergraduate degree was conducted in English, you may be eligible for a TOEFL waiver. Please contact Woods College Admissions if you believe you qualify for a waiver.

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